Silent Specialist

[sergiensergien]

I did some simulations with SS's trading history over last week (I've an EA that permits to recreate on MT4 the history to apply the "what would happened if ..." but it is tiresome as hell due to the limitations of the MT4 platform for multi-symbol simulations).

My decision to continue the trade was based over the fact that Dimitri's strategy needs to "breathe DD" ... for example, -30% DD limit would not have suffice to follow him as the account would have given loses consistently. For now the, "optimum DD point of no return" is between -45% and -50%.

When I saw the amount of orders issued, I took the decision (gamble) to follow his system (even if he did not) controlling the "DD no-return point" myself.

If he had follow the 50% DD rule estricly in all his deals he should have now arround $2000 instead of $341 ... which still will have been an impressive achievement growing to that amount from $170 in 3 months!

I'm willing to continue following his signal as I like his style, and willing to accept 50% DD losses ... the only thing I would like for him to do is to follow his system stricly.

Best & kindly regards,
Sergien

Let's hope he takes a rest and began trading again!

I've made 4 fast simulations to check the %DD issues ... for the record, simulations are done with $500 starting capital and risk level adjustement to 1 ...

First one is what actually happened ...

gbpjpym15_131105_original.png

Second on is with a forced 30%DD ...

gbpjpym15_131105_30dd.png

Third one is with a forced 40% DD ...

gbpjpym15_131105_40dd.png

Fourth one is with forced 50% DD and a TP objective set at the first support level below the first deal ...

gbpjpym15_131105_50dd.png

What happens if we use a smaller account? Only for the real curious the last one is also with 50% DD, same TP objective and an account of $250 ...

gbpjpym15_131105_50dd_half.png

The 50% DD hits earlier ... The reason is the rounding up of the 0.01 lots in lesser account. This has the side effect to increase the risk level of the smaller accounts ... and answers the question of the size of the account needed to follow him at this time: equal size.

Best & kindly regards,
Sergien

[Nick]

Hi Guys,

Apologies for not responding, however I haven't got any news unfortunately...

Last week Dmitri told me that he'd be back to trading again this week, however his lack of response is seriously concerning me.

I am continuing to try and reach him and will post an update as soon as I do.

I'm really sorry about this, but I am doing everything I can to get him back and trading.

[Noesis28]

Hello Nick.
At the end of the week I expire 15 days free trial. Can you tell us if Silent will work again otherwise I have to cancel the subscription. Thank you Nick.

[Hawk]

Same here, been waiting to see if any trades are triggered, but nothing in two days, I thought he took a days break after a crash. Nick please advise whats the score with SS.

[Okda]

Nick, can you please confirm if SS planning to continue or not?

[Henri]

Hey Nick,

What's happening with SS? Is he going to continue with the signal? Asking as I'm interested to subscribe.

Henri

[sergiensergien]

Again , Dimitri , had spotted the pullback on this pair ..unfortunately , due to pressure he closed the basket with 30% DD instead of the "by the rules" of his system 50%.
I managed myself the USDCAD stuff with minor loss and win on NZD episode . Question : Sergien ... how can I connect My SimpleCopier EA to YOUR account ?? hahaha.
10% fees on profits ... do you topup ?? . Congratulations Sergien.

I did some simulations with SS's trading history over last week (I've an EA that permits to recreate on MT4 the history to apply the "what would happened if ..." but it is tiresome as hell due to the limitations of the MT4 platform for multi-symbol simulations).

My decision to continue the trade was based over the fact that Dimitri's strategy needs to "breathe DD" ... for example, -30% DD limit would not have suffice to follow him as the account would have given loses consistently. For now the, "optimum DD point of no return" is between -45% and -50%.

When I saw the amount of orders issued, I took the decision (gamble) to follow his system (even if he did not) controlling the "DD no-return point" myself.

If he had follow the 50% DD rule estricly in all his deals he should have now arround $2000 instead of $341 ... which still will have been an impressive achievement growing to that amount from $170 in 3 months!

I'm willing to continue following his signal as I like his style, and willing to accept 50% DD losses ... the only thing I would like for him to do is to follow his system stricly.

Best & kindly regards,
Sergien

[Kenji]

Will wait for his trades to be consistent then consider if willing to bet on him. Plenty of gamble opportunities out there in the wide ocean of sharks and guppies.

[Okda]

Nick,
Can you please confirm if SS is planning to continue trading with current capital?

Sent from my GT-N7000 using Tapatalk

[sdek4x]

The way to do it is very easy ... I just disconected the SimpleCopier EA and adjusted the TP manually. Then I activated another EA to control DD maximum level. I did that because I wanted to be directly in control of the DD decision.

B&KR.
S

Again , Dimitri , had spotted the pullback on this pair ..unfortunately , due to pressure he closed the basket with 30% DD instead of the "by the rules" of his system 50%.
I managed myself the USDCAD stuff with minor loss and win on NZD episode . Question : Sergien ... how can I connect My SimpleCopier EA to YOUR account ?? hahaha.
10% fees on profits ... do you topup ?? . Congratulations Sergien.

[nzfriendlee]

I totally agree with Pinky1. Don't be tempted by gambling like trading. Success will never be achieved in that way in FX trading world. Silent Specialist smashed three times in a raw in three weeks, on 17 Oct with NZDUSD, on 23 Oct with USDCAD and on 5 Nov with GBPJPY. Don't expect it will not happen again!

[pinky1]

@starkids: I advise you just to watch his trading over a next couple of weeks. If he gets better you can still join, but it's very stupid keep putting any hope into this trader after he lost 95% of his account in a few days of trading and after he lost million's of dollars of investors. As I mentioned many times before, his mind is not ready for dealing with the pressure of so many subs.

[starkids]

Hi, Nick, Can you tell us any infomation form Silent Specialist?
It's a tragedy for this signal lase week with GPDJPY. I also suffered damages following this signal like somebody else.
But I hope he would recover next week.
Shall we keep in having hope with this signal ?

[Nick]

Hi All.

I don't think there is any good trader over here which can give you consistent profit. I tried three traders (signals), Forex Junkie, Silent Specialist and Trade Alerter in last 4 weeks. I have lost $4,000 because of these traders. Nick recommended Trade Alerter after SS gave a big loss. I have now disabled all these 3 signals and only using one real Auto EA, which is not dependent on any human being. This auto EA made me $925 in last 6 weeks whereas these real human traders gave me loss of $4,000.

I would again request Nick that he should enroll very highly experienced traders who can give consistent profit and you may charge even three times the current subscription but don't enroll all those who are affecting your reputation. If you continue with these type of traders then you will have to keep searching for new clients all the time and sooner the website will be known as a losers or scammers website. Make it the world's best signal provider site or just become copier service provider to traders instead of signal provider.

My views are 100% based on my real experience using this service trading my real money. No demo account. I feel that it is my duty to inform everyone about this service and traders over here.

Thx

Jas

Hi Jas, it's really unfortunate that you've taken such a big hit recently, however I'd like to clarify a couple of things.

Forex Junkie

Forex Junkie isn't on this site. His trades aren't in the trading room and I don't vouch for him or trade my personal funds under that signal.

He asked if he could start a forum thread here to link to his signal on connectforex.com and have a way of interacting with people, so we set it up under "other EA's and signals"

Silent Specialist

Silent Specialist was always a gamble and I made this clear from day 1. It was always a question on when the trader would hit a large drawdown, not if...

TradeAlerter
This guy hasn't experienced a single losing month since joining the site.... He had a couple of smallish losses last week, but if you'd been following him for more than a week you should be making money.


I do appreciate you wanting to make sure we get professional traders to follow so that we can maintain our reputation, however I also feel like we are doing that. All you need to do is look at FX Viper or TradeAlerter.

Hopefully you can stick with your TradeAlerter license, I'm confident he'll be able to reinvigorate your interest in our site.

[GlockSocks]

How did you lose money with TA? I believe I remember Nick referring to Viper & TA, they have been green on a regular basis. SS it a lottery ticket, will all knew it, says "high risk" all over the landing page. Sorry, might be missing something here, but TA has performed very well for me... What is your spread? 5 pips or something?